Shares of recreational-vehicle maker Thor Industries (THO) - Get Report  rose nearly 17% Monday after the company reported fiscal fourth-quarter profit that beat analysts' estimates.

The stock was up around 16.92% at $57.19 on Monday.

The company reported fourth-quarter earnings of $92.1 million, or $1.67 a share, matching per-share earnings from a year earlier. Analysts were expecting $1.47 a share, according to FactSet.

The company reported revenue of $2.31 billion, up from $1.87 billion in the prior-year period, and below analysts' expectations $2.63 billion, according to Bloomberg.

Competitor Winnebago Industries'  (WGO) - Get Report  shares were also close to 4% higher at $37.30.

Of the 10 analysts polled by FactSet, the consensus rating pn Thor is overweight with a price target of $62.11.

Headquartered in Elkhart, Ind., the dividend payer has a yield of 2.7%.

Save 57% During Our Fall Sale. Join Jim Cramer's Action Alerts PLUS investment club to become a smarter investor. Click here to sign up and save!

Image placeholder title